Mozambique's national energy landscape is now heavily reliant on renewables, which form 70% of its mix. The state utility, Electricidade de Moçambique (EDM), aims for complete energy coverage by 2030. They recently integrated an additional 55 MW from Cuamba and Mocuba power plants, emphasizing their commitment to sustainable power. Legal and regulatory support has bolstered […]
Following Secretary of State Antony Blinken’s diplomatic mission, the US has dispatched a guided-missile submarine to the waters of the Middle East. His tour aims to prevent tensions from rising around Israel. Blinken’s stops included Israel, Turkey, Iraq, West Bank, Jordan, and Cyprus. The US Central Command has confirmed the deployment. The submarine is a […]
JBS, a leading food company in Brazil, has started building a new facility in Spain for growing meat in labs. This site will be the world's largest producer of lab-grown meat. By 2024, JBS aims to create 1,000 tons of cultured protein every year. Their goal is to increase this amount fourfold eventually. As the […]
Amidst economic challenges, Bangladesh’s BNP opposition party calls for Prime Minister Sheikh Hasina’s resignation due to political disputes. The Bangladesh Nationalist Party (BNP) is historically characterized by its rivalry with the Awami League and its commitment to nationalist and conservative principles. They demand a neutral caretaker government to oversee the elections. The BNP fears unfair […]
In October, Venezuela saw a minor inflation increase but still maintained the global highest rate at an annualized 362%, according to the Venezuelan Finance Observatory. Surpassing inflation levels of Argentina, Zimbabwe, and Lebanon, Venezuela experienced an increase of 176.7% from January through October. Services saw the largest hike, particularly at 9.8%. Goods shielded from global […]
Deutsche Bank’s recent analysis highlights a notable trend in the Andean region – Chile, Colombia, and Peru are shying away from dramatic political shifts. Leaders in these nations, despite their left-leaning politics, are showing restraint. This trend brings relief to investors who often worry about radical changes. In Chile, the final stages of drafting a […]
The U.S. dollar witnessed a modest decline at the start of Monday's trading amid a wider surge in commodity prices and upbeat global sentiment. Market optimism is buoyed by expectations that the central banks in the U.S. and Europe might initiate interest rate cuts next year. As trading commenced, the dollar was valued at R$ […]
Nearly a year has passed since the downfall of Alameda Research, the trading firm at the heart of Sam Bankman-Fried's crypto empire. Now deemed guilty of fraud, the incident has left market makers in digital assets struggling to rebound. Trading volumes have seen a rise with the recent surge, as Bitcoin soared by nearly 16%. […]
President Xi Jinping’s meeting with Prime Minister Anthony Albanese in Beijing signals a shifting dynamic in Sino-Australian relations. After years of chilly relations, this high-level dialogue suggests warming ties. Australia and China, despite past troubles, have strong economic links that endure. In 2018, Australia made a bold move, excluding Huawei from its 5G network due […]
The latest Focus Bulletin indicates steady inflation expectations for this year, with a slight dip for next year. Analysts predict the official rate to stabilize at 4.63% for 2023, a small drop from last month. For 2024, expectations worsened slightly to 3.91%. The median based on recent updates also echoes this trend. For 2024 and […]
In the vibrant city of São Paulo and its expansive metropolitan area, half a million properties remain powerless. This outage has lingered for three days following an unforeseen blackout. The root of this widespread power loss was a severe storm that swept through various cities in the state, resulting in the loss of seven lives. […]
The Organisation for Economic Co-operation and Development (OECD) has unveiled findings on global attitudes toward Artificial Intelligence (AI). The study assesses the potential of AI through the lens of various countries, focusing on future-ready skills for challenges like climate change and technological advancements. Citizens in Nordic and some Asian OECD members rank highest in trusting […]
The Miramar Consortium has secured the coastal surveillance contract for Rio de Janeiro State. The project is a collaboration between Integrated High-Tech Systems (IHTS) and the Engineering Bureau and will install advanced sensors for monitoring the coastline. Rio de Janeiro's coast houses significant ports and military bases. These facilities are vital for both civilian and […]
(Sponsored) In recent years, technology has stimulated a significant paradigm shift that has revolutionized the casino industry in Latin America and globally. Myriad innovative advancements in technology have stimulated consequential cultural shifts and improvements, ranging from the functionality of casinos to the betterment of experiences proffered to clients. This article assesses the metamorphic influence of […]
Brazil's team shone brightly at the Santiago Pan American Games, delivering their most triumphant performance to date. They soared past the achievements of the 2019 Lima Games, setting new records and shattering old myths. In the initial phase, Mexico and Canada led, with Brazil trailing as the fourth contender. Yet, by the ninth day, Brazil […]
Two years ago, renowned Brazilian singer Marília Mendonça tragically died in a plane crash on November 5, 2021. Despite this, her music still achieves new milestones. In 2021, she was the second most-played artist in Brazil. Her songs remained at the top of Spotify’s Brazil charts for 28 weeks straight. Marília’s song “Leão,” in partnership […]
A prominent splinter group from the FARC has suspended talks with Colombia’s government, citing failure to adhere to agreements. They have stepped back from discussions initiated with President Gustavo Petro’s administration. This group consists of rebels who had previously declined the peace accord of 2016. They claim the government did not fulfill its promises and […]
In Novo Repartimento, Pará state, a region along the Trans-Amazonian Highway reveals a diverse land mosaic. It features indigenous territories, conservation areas, and rural settlements, including the vast Tuerê. This area, covering 250,000 hectares, provides for 4,000 families. They balance living, farming, and preserving nature. One can witness pastures neighboring cocoa fields there, showcasing the […]
In recent months, central banks around the world have significantly increased their gold reserves. They added a net total of 77 tons, as reported by the World Gold Council. This organization oversees market development for the gold industry globally. Krishan Gopaul, a senior analyst, shared insights into this trend. He highlighted a strong preference for […]
The operating entity of Congonhas Airport seeks ANAC's approval to redirect executive aircraft to alternate runways. Recent disruptions prompt calls for operational changes at the main runway. Aena, the operator of Congonhas Airport, has requested the National Civil Aviation Agency's endorsement to limit the use of the main runway by smaller aircraft. Through an official […]